AirMedia reports Q2 loss of $7m
By Shen Jingting | China Daily | Updated: 2009-08-19 08:04
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The advertising network operator still remains upbeat on full year prospects. CFP |
Herman Guo, chairman and CEO of advertising network operator AirMedia Group Inc, who once wanted to expand business with a strategy called "buying gold but at bricks' price", has now been incurring net profit loss for two consecutive quarters, while total revenue still surges.
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